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£3,250,000
Bedrooms
Bathrooms
Occupying the 34th floor whilst extending to an impressive 1621 sq ft of internal well-proportioned living and entertaining space, this stunning apartment benefits from a welcoming hallway leading to a dual aspect reception/kitchen area with floor to ceiling windows, showcasing breathtaking views of Londons skyscraper horizon. Entered via the reception, the skyline view becomes even clearer outside the impressive 290 sqft roof terrace. An additional utility room is also located off this reception room.
The principal bedroom suite opens to a generous walk-in closet and has direct access to a stylish four-piece bathroom whilst offering private balcony space. A further bedroom, fitted with a range of extensive wardrobes, also has access to an en-suite family bathroom.
Valencia Tower forms parts of the luxury 250 City Road development and is within easy reach of The City of London, Tech-City in Shoreditch and Angel in Islington.
The building is set amongst a landscaped public garden and offers residents a host of luxury amenities including 20m three lane swimming pool, private gym, residents business lounge, 24 hr concierge, games room and residents private cinema room. To check broadband and mobile phone coverage please visit Ofcom here ofcom.org.uk/phones-telecoms-and-internet/advice-for-consumers/advice/ofcom-checker
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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